28 February 2020

Alberta budget 2020-21

Alberta Finance Minister Travis Toews tabled the province's fiscal 2020-21 budget on February 27. The budget contains no new taxes, other than a vaping products tax, and no tax increases. The minister anticipates a deficit of $6.8b for 2020-21 and projects a further deficit of $2.7b for 2021-22. A surplus of $0.7b is projected in 2022-23.

A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.

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ATTACHMENT

Full text of this Tax Alert

Document ID: 2020-0461